Here’s a quick recap of some of the most impactful resource sector news items for the week. The period saw three miners rescued after 60 hours underground at the Red Chris mine in BC, the US announce a mine waste recovery strategy and the Ontario government add C$7 million to…
Teck Resources (TSX:TECK.A,TSX:TECK.B,NYSE:TECK) has secured board approval for a multi-billion-dollar life extension of its Highland Valley copper mine in British Columbia, setting the stage for a two-decade boost in copper output. The Vancouver-based miner said Thursday (July 24) that construction on the Highland Valley Copper Mine Life Extension Project (HVC…
(TheNewswire) The net proceeds raised from the Offering will be used to advance the high-grade El Potrero gold-silver project in Durango, Mexico, and for general working capital. All securities to be issued will be subject to a four-month hold period…
Statistics Canada released its monthly mineral production report for May 2025 on Monday (July 21). The data shows that the production of both copper and silver increased from April. Copper output rose to 36.3 million kilograms from 35.85 million in April, and silver increased to 26,502 kilograms from 25,412. Meanwhile,…
Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella. “Before anything else, I want to speak to what’s been weighing heavily on me, and what I know many of you are thinking about: the recent job eliminations,”…
Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks. The Federal Communications Commission said Thursday that it had approved the acquisition, with FCC Chairman Brendan Carr…
U.S. District Judge James Boasberg pressed Justice Department officials Thursday on the status and location of more than 250 U.S. migrants deported from CECOT to Venezuela, in an attempt to weigh what, if any, opportunities the court has to order their return. Boasberg has been at the center of the…
The White House is claiming that Russia was attempting to sow ‘distrust and chaos,’ even as reports from the Office of the Director of National Intelligence suggest the Obama administration ‘manipulated’ Russian interference to undercut Trump’s win in 2016. Press secretary Karoline Leavitt was asked about whether Secretary of State…
Ceasefire negotiations between Israel and the Hamas terrorist organization hit a setback Thursday, as Prime Minister Benjamin Netanyahu recalled Israel’s negotiating delegation from Doha following what officials described as a hardening of Hamas’ demands. ‘In light of the response Hamas delivered this morning, it has been decided to recall the…
Former White House chief of staff Ron Klain is cooperating with congressional investigators seeking information into former President Joe Biden’s mental health during his time in office, a pair of lawmakers suggested Thursday. Klain, who ran Biden’s White House for the first two years of his term, is currently sitting…